Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Lionel Richie Hospitalized in ICU After St. Louis Concert
Lionel Richie has been admitted to a St. Louis hospital for medical observation following a performance in the city over the weekend. According to reports, Richie checked himself into an intensive care unit to undergo a series of tests after appearing to struggle during his Saturday night set at The Muny in Forest Park. Witnesses at the outdoor venue reported that the 77-year-old “Hello” singer seemed physically taxed as his performance drew to a close. During his final song of the night, “A
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Monfils celebrates 40th birthday with first-round win at US Open
France's Gael Monfils turned back the clock Tuesday, making the most of a US Open wild card and an adoring New York crowd to advance to the second round. Playing on his 40th birthday, Monfils opened shakily against Adolfo Daniel Vallejo of Paraguay, but decisively turned the tables after the first set for a 2-6, 6-1, 6-2, 6-0 win. Monfils, who will retire after this season, played with his trademark showmanship, offering exaggerated bows after embellishing a putaway shot in the fourth set with
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Osaka channels NBA icon Iverson to reach US Open second round
Naomi Osaka channelled NBA fashion trailblazer Allen Iverson on Monday as she battled into the second round of the US Open. The Japanese 13th seed, US Open champion in 2018 and 2020, was made to work hard by Russia's Anastasia Zakharova before winning 7-6(6), 7-6(3) in just over two hours on the Arthur Ashe Stadium show court. As ever, Osaka's entrance on court grabbed the headlines, with the 28-year-old walking out in a billowy custom-made gown which contained sewn-in news clippings detailing
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Cardi B’s Advice To The New Famous For Vogue Arabia: “Just Don’t Do Drugs”
Rap star Cardi B addresses the darker side of becoming one of hip-hop’s biggest stars to help guide those newly famous from falling into the same pitfalls. The “Aha Aha” hitmaker reflected on fame, pressure and public scrutiny in Vogue Arabia’s September issue. Her rise from social media personality to rap superstar brought the success she once wanted. View this post on Instagram A post shared by Cardi B (@iamcardib) The reality of that success, however, looks different than she imagine
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